ZV STAR Lucky Draw feature goes live on ZV Wallet, are you ready?
The lucky winner can win the entire prize pool! One winner has won 4,000 ZVC so far!
The prize pool is rewarded on a daily draw, on a random basis. This activity is eligible for participation in the trust mining program (30/90 days) activity as mentioned here. To facilitate a better understanding of the prize draw details, a detailed description as below:
Lucky Draw Activity.
1. Lucky Draw Prize Pool:
Comes from regular trust mining program ( 30 days / 90 days ) daily PoS generated rate of 1% as lucky draw pool.
2. How do I win?
Users will get 2 ZV Star when they participate with 300 ZVC and increase as accordingly by each 300 ZVC. For example, users participate with 1500 ZVC, they will get 10 ZV Star. Minimum 10 ZV Star is eligible for the lucky draw. 20 ZV Star is eligible for two entries of lucky draw.
Participation will close temporarily at 09:55 daily. The lucky draw will start at 10:00 daily, following the next participation round will starts.
If users were referred by the inviter, the inviter will also get 1 additional ZV Star for every 300 ZVC participated by their invited users. For example, the user participates with 1500 ZVC, inviter will get 5 ZV Star.
3. How will the winner get selected fair and randomly?
At 10:00 daily, the Smart contract system will select the winning number, based on a random number (third digit from starting position) of the latest block number recorded. If this number matches the last digit of the participated ZVC address, it will be selected as the winner. If there is more than one winner, the prize pool will be divided within. if there’s no user who the prize, the prize pool will add on to the next prize pool. Meaning that the following prize pool will be larger if there are no winners for the previous rounds.
For example, Today’s prize fund accounts for 1,000 ZVC. At 1000 time (GMT+8), the random number located on from the third position if matched with the last digit of your ZVC wallet address, you will win 1,000 ZVC. If there are 10 lottery users at the end of the address match the same digit, then the 10 lottery users will share 1,000 ZVC.
4. As an inviter, how will I benefit?
Triple reward system for inviter, based on how many users he/she referred to.
Reward 1: Inviter participates in 30/90 days of trust mining, inviter will get 1~1.5% of their contributed amount as referral incentives.
Reward 2: If the inviter team size meets the requirements as mentioned here in the trust mining program. Additional team rewards can be obtained, mentioned here. https://link.medium.com/GIgqqE7YN1
Reward 3: For every 300 ZVC invested by the invitee, the inviter gets 1 ZV Star. Accumulation of ZV Star can participate in the lucky draw for a higher chance to win.
Participation Process Guide with images
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